ETHICAL COMPLIANCE REPORT

DALMIA BHARAT SUG IN

Sector:

Consumer Defensive

Industry:

Confectioners

Overall Compliance

questionable

PRIMARY BUSINESS FILTER
Sugar
questionable
REVENUE RATIO FILTER
36.8%
View Calculations
DEBT RATIO FILTER
27.7%
View Calculations
LIQUIDITY RATIO FILTER
10.3%
View Calculations

Revenue Ratio

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.

36.8%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{11132400000.00}{30279800000.00} \times 100 = 36.80\%

FORMULA

\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%

Segment	Compliance	Value
Other Income	compliant	₹108.85
Others	compliant	₹25.37
Interest Income	non-compliant	₹19.76
Sale of Services	compliant	₹2.31
Sugar and Allied Products	compliant	₹1,665.83
Power	compliant	₹111.94
Distillery	non-compliant	₹1,093.48
Rec Sales & Scrip Sales	compliant	₹0.44

Debt Ratio

The interest bearing debt should not exceed 31% of the total assets. This is to ensure that the company is not paying a significant portion of its assets as interest.

27.7%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{14301700000.00}{51621400000.00} \times 100 = 27.70\%

FORMULA

\textbf{Debt Ratio:} \\[12pt] \dfrac{\text{Interest Bearing Debt}}{\text{Total Assets}} \times 100 \; \leq \; 30\%

Liquidity Ratio

The total liquid assets should not exceed 90% of the total assets. This is to ensure that trading this stock does not become similar to trading a currency.

10.3%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{5301900000.00}{51621400000.00} \times 100 = 10.30\%

FORMULA

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{\text{Total Liquid Assets}}{\text{Total Assets}} \times 100 \; \leq \; 90\%